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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Retail space
286 21st St Ogden, UT 84401-0408
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0286709
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,040 SF
Lot
3.5 ac (152,460 SF)
Zoning code
03A
APN
03-016-0003
UPID
US86-0286709
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$655k
Owner & transaction history
Asael Farr & Sons Co · 12 yrs held
Asael Farr & Sons Co
since 2013
6 recorded transactions
Zoning & alternative use
03A · Ogden, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+134.3%
Office building
$655,000
+50.5%
Restaurant
$500,000
+14.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ogden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$435,000
Current use
COMMERCIAL (GENERAL)
$1,025,000
Change: +134% · Conversion: Easy
OFFICE BUILDING
$655,000
Change: +51% · Conversion: Easy
RESTAURANT
$500,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$480,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$43,460
Tax year 2024
Assessed value
$3,440,998
Assessed 2024
Previous assessed
$2,464,000
+39.7% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,640,625
Assessed improvement
$1,800,373
Land market value
$1,640,625
Improvement market value
$1,800,373
Total market value
$3,440,998
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
3
Stories
2
Total area
5,040 SF
Lot
3.5 ac (152,460 SF)
Zoning code
03A
APN
03-016-0003
UPID
US86-0286709
Jurisdiction
WEBER
Zoning & alternative use
03A · Ogden, UT
Zoning 03A · permitted uses
03A · Ogden, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ogden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$435,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$655,000
RESTAURANT
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$480,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Buildings
3
Lot
3.5 ac
Current owner
From public records · entity-resolved
Asael Farr & Sons Co
Entity
Mailing address
2575 S 300TH W, SOUTH SALT LAKE, UT 84115-2908
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2013
—
Asael Farr & Sons Co
Asael Farr & Sons Co
Quit Claim Deed
related
$3,040,700 · Key Bank & Trust
Jan 15, 2010
—
Msn Management LLC
Wallco Lc
Grant Deed
—
Jul 15, 2008
—
Wallco Lc
Asael Farr & Sons
Grant Deed
—
Sep 21, 2000
—
Asabel Farr & Sons Co
Asabel Farr & Sons Co
Quit Claim Deed
related
$4,475 · Zions First National Bank
—
—
Asael Farr & Sons Co
—
Deed Of Trust
related
$2,854,000 · Utah Certified Development Co
—
—
Wallco Lc
—
Deed Of Trust
related
$5,401,500 · M & D Cap LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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